Facebook lines up $10 billion to build metaverse as next big computing platform
Facebook plans to spend at least $10 billion this yr on Facebook Reality Labs because it appears to construct the 'metaverse' - billed to be the following large computing platform.
Facebook Reality Labs is liable for the corporation's augmented and digital fact-associated hardware, software program and content.
"Metaverse is a first-rate vicinity of funding for us and an critical a part of our approach going forward. Our purpose is to assist the metaverse attain 1000000000 human beings and loads of billions of bucks of virtual trade this decade," Facebook cofounder Mark Zuckerberg stated for the duration of the corporation's income convention name on Monday.
"We are dedicating sizable sources in the direction of our augmented and digital fact merchandise and offerings, that are an critical...